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Profound_Ambition
Dec 27, 2018 4:55 AM

GBPJPY H2 

British Pound/Japanese YenFXCM

Description

Price has made a strong bullish reaction off of key support region 140.000, & can be ready to move quickly if price can break the descending trendline to confirm that buyers are ready to push price higher. Price is now sitting on the 21 moving average which was acting as minor resistance as well.

Comment

D1: History could be getting ready to repeat itself
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